Insider Trading Update: Tel-Instrument Electronics Corp. $TIK

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Tel-Instrument Electronics Corp. (NYSE:TIK) insider have most recently took part in a trading activity. On Jan 3, 2018 Dowling Vincent J. Jr, 10% Owner bought 5,775 shares having total worth of $15,766 at the price of $2.73 per share, following the transaction a total of 607,394 shares owned by Dowling Vincent J. Jr. Before this latest buy, Dowling Vincent J. Jr purchased TIK at 3 other times during the past twelve months, for a total investment of $30,473 at an average of $2.34 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 5 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 -12.55%
12 Month 3 2 -34.64%

Shares of Tel-Instrument Electronics Corp. (NYSE:TIK) traded up 1.79% on Jan 3, 2018, hitting $2.84. 24,434 shares of the company’s stock traded hands. Tel-Instrument Electronics Corp. has a 52 week low of $2.1 and a 52 week high of $6.09. The company’s market cap is $11 million.

Tel-Instrument Electronics Corp. (NYSE:TIK) last announced its earnings results on Aug 17, 2017. The company reported -0.12 earnings per share (EPS) for the quarter. The company had revenue of $4 million for the quarter During the same quarter in the previous year, the company posted 0.10 earnings per share. The company’s revenue for the quarter was down 34% on a year-over-year basis.

2017-08-17 2017-07-17 2017-02-14 2016-11-09 2016-08-18 2016-06-29 2016-02-16 2015-11-16 2015-08-12 2014-08-13
earnings per share -0.12 -0.08 0.03 0.07 0.10 0.09 0.07 0.06 0.02 -0.12
Revenue(M) 3.54 4.09 4.24 5.08 5.34 6.17 5.97 6.8 5.85 3.13

Tel Instrument Electronics Corporation has been in business since 1947. The Company is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government/military aerospace and defense markets. The Company designs, manufactures and sells instruments to test and measure, and calibrates and repairs a wide range of airborne navigation and communication equipment. Its instruments are used to test navigation and communications equipment installed in aircraft, both on the flight line and in the maintenance shop.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.